Last month, Helios and Matheson said in another SEC document that it had only $18.5 million in cash on hand, plus $30.3 million in accounts receivable. It expected its June cash deficit would reach $45 million.

The service recently passed 3 million subscribers, and is trying to draw in more as part of the plan to stay afloat. Executives want to reach 5 million members by the end of the year, a number they say should help make the business profitable.

A spokeswoman for Helios and Matheson said CEO Ted Farnsworth was unable to comment on the regulatory filing because of a “registration statement quiet period.”